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The villages of Pancharevo and Kokalyane and the Pancharevo mineral springs lies on the lake's western shore, while at the southern end of the lake there is a hydroelectric power station.
Due to its convenient location, infrastructure and rail connections with major cities in Europe, Krynica-Zdrój (Zdrój means mineral spring in Polish) was the location of winter sports tournaments already in the interwar period, including the 1931 World Ice Hockey Championships, the 1958 and 1962 FIL World Luge Championships, the 1935 FIL European Luge Championships and the 2004 Euro Ice Hockey Challenge played in the town.